Q. Which institution launched a scheme, to let retail investors participate in Government securities market?
Answer:
RBI
Notes: The Reserve Bank of India (RBI) announced the ‘RBI Retail Direct’ scheme, which aims to facilitate investment in government securities (G-secs) by retail investors.
Under the ‘RBI Retail Direct’ scheme, retail investors will have the facility to open and maintain the ‘Retail Direct Gilt Account’ (RDG Account) with the RBI, through an online portal. The portal will give access to primary issuance of G-secs and access to NDS-OM (Negotiated Dealing System- Order Matching).